These judicial interpretations are distinguished from statutory legislation, which are codes enacted by legislative bodies, and regulatory legislation, which are established by executive organizations based on statutes. These past decisions are called "case law", or precedent. Stare decisis—a Latin phrase meaning "Permit the decision stand"—is the principle by which judges https://businesslawcasestudiesppt81245.bloginwi.com/68199244/the-definitive-guide-to-recent-direct-tax-case-laws